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Faber inc has a balance in Retained Earnings at December 31, 2021 of $980,000 At December 31, 2022 the balance was $761,000 Net income
Faber inc has a balance in Retained Earnings at December 31, 2021 of $980,000 At December 31, 2022 the balance was $761,000 Net income for 2022 was $203.000. A stock dividend was declared and distributed in 2022 which increased contributed capital by $376,000. A cash dividend was also declared and paid in 2022 What was the amount of the cash dividend? $512,000 Ob $376,000 $219.000 Od$136,000 O$83,000 Quiz Toc
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